Page 2 Advertisements Column 6

Clutha Leader, Volume XX, Issue 1035, 25 May 1894, Page 2

Y^E -Public Yvu&l Office of RSetW Zeaßaatd) is a Government institution to afford, at low rates Of commission, a secure and convenient recourse for those who, desirous of forming trusts in the colony, cannot satisfactorily appoint private trustoes or executors, and for persons unable or unwilling to undertake or continuo the administration of tho trusts accepted by or imposed upon thorn. The Public Trust Office, constituted by " The Public Trust Office Act, 1872," has boen.since much enlarged in its functions by amending Acts, to meet growing requirements. The Amendment Act of 1891 facilitates administration, authorises prompt disti-ibution, provides absolute security against Joss to estates from investments at the discretion of the Public Trustee, and insures the regular payment of tho interest. The Security and Fidelity of the Public Trustee's administration must be considered of the utmost importance to every person contemplating the appointment of a trustee. The oolony guarantees the fidelity of the administration, and Guarantees also the Integrity of the Capital Funds invested at the option of tho Public Trustee. The Colony Guarantees also, on the capital funds arising for investment out of the properties placed in the Public Trust Office, a common rate of interest, to be paid quarterly, Free of all charges of the Public Trust Office. The value of this guarantee is in the Guarantee of the Colony against loss from investments in bad or insufficient securities, and against loss from delay in investment, and for the regular and punctual payment of the interest, free of alt charges of the Public Trust Office. In the appointment of Trustees there must always be serious concern as to the security of the Capital funds ; and the larger the capital funds the greater must be the concern for security, and tho less for a high rate of interest. The Public Trustee cannot die, cannot leave the colony, cannot become disqualified, or involved in private difficulties; and cannot be distrusted. In pri-yate trusteeships, death, and absence render necessary numerous and. expensive deeds not required by Public Trustee's administration, which has, beßidoa, the office solicitor's advice without expense to the estates. By all who know or have experienced the contingencies of private trusteeships these advantages must be appreciated. For further information apply to the Agents of or to The Public Trustee, WelSingfon. ~~J.-G. BENTLEY, PAINTER, PAPERHANGER, GLAZIER, GENERAL HOUSE DECORATOR. CLYDE STREET, BALCLUTHA PAINTERS' REQUISITES of all kinds in Stock. PICTURES NEATLY FRAMED. Agent for the Universal Supply and Wertheim Sewing Machine Depot, Dunedin. Cash or Time Payments same as Dunedin